Empower Underwriters with Insurity Geospatial Analytics

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Empower Underwriters with Insurity Geospatial Analytics

Comprehensive Risk Assessment

Insurity Geospatial offers a comprehensive view of risk by allowing users to explore correlations among exposures, modeled loss, hazards, claims experience, and third-party data. This capability enables insurance professionals to make informed decisions across the entire policy lifecycle.

Real-Time Event Response

One of the key features of Insurity Geospatial is its ability to provide automated event alerts that allow insurance companies to mitigate and respond to catastrophic events in real time. This not only helps in reducing claims costs but also increases customer satisfaction by enabling proactive outreach during crisis situations.

Data-Driven Decision Making

Insurity Geospatial empowers underwriters with actionable information to improve risk selection and portfolio performance. With access to data from 50+ leading hazard, event, and spatial data providers, insurance professionals can drive ROI by gaining immediate insights and optimizing portfolios for maximum profitability.

Streamlined Underwriting Process

By leveraging robust geospatial data analytics software and integrating with 50+ third-party data providers, Insurity Geospatial helps streamline the underwriting process. This software is designed specifically for property risk assessment, offering access to 18+ perils and expert data providers to support faster, more informed decision-making.

Revolutionizing the Insurance Industry with Insurity’s Cloud-Native Solutions

Insurity's Growth and Market Position

Insurity, a prominent provider of cloud-based software solutions for insurance carriers, brokers, and MGAs, has recently seen a remarkable surge in revenue, exceeding $300 million in 2022. With a customer base exceeding 500, including major industry players like P&C carriers and MGAs, Insurity has solidified itself among the top 2 market leaders in the insurance software sector. The company's suite of products, ranging from policy to billing, claims, and analytics software, caters to all aspects of the policy lifecycle, demonstrating its comprehensive and robust offerings.

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Empower Your Insurance Premium Audit Process with Insurity Premium Audit

Automating Premium Audits for Efficiency

Insurity Premium Audit offers a comprehensive solution to automate the entire insurance premium audit process, allowing insurance companies to uncover missing premiums efficiently. By eliminating time-consuming manual audit processes, the platform enables organizations to collect millions in additional premiums without the need to hire additional auditors. Leveraging cloud-native and configurable software, Insurity Premium Audit streamlines audits from creation and assignment to the submission of final reports.

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Empower Your Predictive Capabilities with the Valen Data Consortium

Enhanced Predictive Power

The Valen Data Consortium, offered by Insurity, is a revolutionary solution that empowers insurance companies with enhanced predictive power for Property and Casualty (P&C) policies. With access to a massive database containing $109 billion in premium across all standard P&C lines of business, this consortium provides a comprehensive repository of P&C policy, claims, billing, and submission data. By combining this proprietary dataset with over two dozen third-party data sources, the Valen Data Consortium offers unparalleled depth and breadth to insurers' data, significantly extending their predictive capabilities.

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Transform Business Logic with Insurity Spreadsheet API: Launching Insurance Products Faster and More Efficiently

Insurity Spreadsheet API Solution Overview

The Insurity Spreadsheet API, powered by Coherent Spark, offers a cutting-edge solution to expedite the launch of insurance products by converting business logic from spreadsheets into easy-to-use APIs. This transformation allows companies to streamline their operations, saving time and resources. With cloud-native integrations, businesses can scale their processes seamlessly with native integrations to Insurity systems, ensuring a smooth transition. The robust and easy-to-use APIs provided by Insurity enable the launch of new insurance products in a matter of weeks, a significant reduction from the traditional months-long process. Businesses can review API outputs quickly using their original spreadsheet formats through the innovative concept of Spreadsheet Rehydration. This feature enhances efficiency and speeds up the validation process of the transformed business logic.

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Insurity Predict: Revolutionizing P&C Insurance with AI-Powered Predictive Analytics

Enhanced Decision-Making with Real-Time Insights

Insurity Predict offers P&C insurance companies a cutting-edge predictive analytics and modeling platform, leveraging the proprietary $109B Valen Data Consortium. This powerful tool provides in-depth understanding of portfolios and underwriting decisions, enabling companies to boost their bottom line, proactively manage their business, and discover new market opportunities. Through AI-powered predictive models, Insurity Predict empowers users to forecast the future and make real-time decisions, giving them a significant competitive advantage in the industry.

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